Add on Thoughts on the Market 1. The Return of Personality Agents? @AVA_holo $300m+ valuation for 3D personality-focused agents & platform token is slowly pushing up the valuation floor of personality agents, paving the way for other ecosystems like @MoemateAI, which launched its $MATES token today, reaching $200m. ➔ We need more teams building engaging AI Companions / AIDOLs. If there aren’t more teams in this vertical, we might see @HoloworldAI or @MoemateAI taking the bulk of the market share. ————————————— 2. Virtuals is Accelerating (Getting Virtual’ed) @virtuals_io ecosystem has experienced an ecosystem-wide quantitative easing / stimmy injection today. Virtuals just announced ~13m $VIRTUAL stimmy from trading rev, deploying to buyback & burn respective token agents based on 30-d TWAP. This is net positive for the Virtuals ecosystem long-term because these $VIRTUAL are used to buy back & burn respective agent tokens. It makes the Virtuals ecosystem an attractive ecosystem to launch an agent because: • The 13m $VIRTUAL is being used to buy into the agent tokens & burn them out of circulation (very positive for agent tokens). • $VIRTUAL price doesn’t go down because of this since $VIRTUAL doesn’t leave the ecosystem. $VIRTUAL is not swapped out for ETH or USDC. • Because of 30-d TWAP, people are calculating coins that receive high $VIRTUAL amounts vs. their MC. People are front-running the buys, bringing more capital into the ecosystem. • This continual game theory + the continued developments & rollouts of agents on Virtuals will bring more visibility and attract more teams to build on Virtuals. Everyone’s getting Virtual’ed—are we about to see Virtual PvE up-only szn again? xitter.cf/Defi0xJeff/status/1879… ————————————— 3. Indiedotfun is Here @indiedotfun, the Web3 Roblox bringing the Agentic Metaverse to CT, is live with 7 games already launched—we’re starting to see games like @memelandmayhem, @el_capy_ai, and many more get their feet off the ground, bootstrapping both liquidity & players. If you’re not caught up with what this is, I recommend checking out my recent article on the Tokenization of the Agentic Metaverse here: xitter.cf/Defi0xJeff/status/1879… Next up: Excited to see the implementation of the Full Metal AI Engine soon, where agents will be playing alongside human players within these games. ————————————— 4. DeFAI Continues Leading as a Narrative The entire DeFAI / Abstraction Layers landscape continues to keep on chadding, with $GRIFFAIN being the top mover today (+33% increase) after the announcement of 2 new agents: • Agent Moby: the whale-watching co-pilot. • Agent Metaplex: NFT minting agent. @HeyAnonai released the AUTOMATE GitHub. @orbitcryptoai showcases its AI agent that reads whale activity from tweets and allows you to trade easily in real-time. (Soon, the agent will execute trades instantly based on whale tweets.) This trend of rapid development in DeFAI products will continue. I’m hoping we get to a point where the product is nice and usable by normies in a few months if we continue at this pace. ————————————— Bottom Line A couple of observations here: • Personality agents or agents with good 3D models / visuals might make a return based on the recent rise of Holoworld. • Virtuals might have another PvE season again due to the 13m $VIRTUAL stimmy. • Indie is kickstarting the Agentic Metaverse narrative. • DeFAI continues chadding as a narrative.